Last checked at 5 Jun 2008 17:26
5 June 2008
PayPoint plc
PayPoint plc announces that on 4 June 2008, the Remuneration Committee has granted the following conditional share awards to Executive Directors and PDMRs under the Company's Long Term Incentive Plan (the `LTIP').
In accordance with the rules of the LTIP, LTIP awards ("Award") were granted on 4 June 2008 at a price of ‚£6.07 per share (the closing price on the preceding dealing day) as follows:
Director/PDMR LTIP Award % of issued share capital Mark Astbury 6,842 0.010 Ivan Donn 10,245 0.015 George Earle 37,693 0.056 Mike Igoe 5,456 0.008 Michael Norton 11,120 0.016 Dominic Taylor 55,512 0.082 Tim Watkin-Rees 31,474 0.046
The release of LTIP awards to participants under the Long Term Incentive Plan are dependent upon the Total Shareholder Return performance of the Company relative to its comparator group measured over a three year period from the date of grant.
The Directors/PDMR total holdings under the LTIP following this award are setout below:Director/PDMR Total LTIP following % of issued share the Award capital Mark Astbury 47,632 0.07 Ivan Donn 19,889 0.029 George Earle 177,257 0.262 Mike Igoe 35,871 0.053 Michael Norton 21,009 0.031 Dominic Taylor 253,905 0.375 Tim Watkin-Rees 148,154 0.219
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